22-05-2015 09:38 via news.yahoo.com

Japan stock market cap hits record, exceeds 1989 peak

By Hideyuki Sano TOKYO (Reuters) - The market capitalisation of shares listed on the Tokyo Stock Exchange's main board hit a record high on Friday, topping a 26-year peak and marking one victory in Prime Minister Shinzo Abe's campaign to jolt the economy out of a long phase of deflation and stagnation. The total market capitalisation of the TSE's first section rose to 591.30 trillion yen ($4.9 trillion), surpassing the previous peak of 590.09 trillion yen hit in December 1989, whe
Read more »